OR HB2199 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2025 - 25% progression
Action: 2025-01-17 - Referred to Behavioral Health and Health Care with subsequent referral to Revenue.
Pending: House Behavioral Health and Health Care Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2025 - 25% progression
Action: 2025-01-17 - Referred to Behavioral Health and Health Care with subsequent referral to Revenue.
Pending: House Behavioral Health and Health Care Committee
Text: Latest bill text (Introduced) [PDF]
Summary
The Act makes all pharmacy drug sale receipts not taxed by the corporate activity tax. (Flesch Readability Score: 61.8). Exempts receipts from the sale of prescription drugs by all licensed retail pharmacies from commercial activity subject to the corporate activity tax. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.
Title
Relating to exemption of prescription drug sales; prescribing an effective date.
Sponsors
Rep. Anna Scharf [R] |
History
Date | Chamber | Action |
---|---|---|
2025-01-17 | House | Referred to Behavioral Health and Health Care with subsequent referral to Revenue. |
2025-01-13 | House | First reading. Referred to Speaker's desk. |